UK High Court denies bail to Nirav Modi; judge says he will not surrender
LONDON: The UK High Court on Wednesday rejected Nirav Modi’s bail application, his fourth attempt as the diamond merchant fights his extradition from Britain to India in the nearly $2 billion Punjab National Bank (PNB) fraud and money laundering case. In her judgment handed down at the Royal Courts of Justice in London, Justice Ingrid […]
Nirav Modi’s extradition request sent to court by UK home secy: ED
NEW DELHI: The United Kingdom’s home secretary has recently referred India’s request for extraditing PNB scam accused Nirav Modi to a court for initiating legal proceedings against the diamantaire, the Enforcement Directorate said on Saturday. “Request for extradition of Nirav Modi to India was sent in July 2018 to the UK. The UK Central Authority […]
Nirav Modi says he can’t return to India
NEW DELHI: Fugitive diamond merchant Nirav Modi, a prime accused in the PNB fraud case, told a court here Saturday that he cannot return to India due to safety concerns and also because his case has been politicised. Modi’s lawyer filed his reply to the Enforcement Directorate’s (ED) plea seeking to declare the diamond merchant […]
Nirav Modi located in UK, British authorities inform India
NEW DELHI: British authorities have informed India that bank fraud fugitive Nirav Modi is living in the UK, the government has said. Replying to a question, Minister of State for External Affairs V.K. Singh told Rajya Sabha that National Central Bureau of Manchester conveyed to Indian agencies that their investigations have led to the location […]
Maharashtra to raze Nirav Modi’s illegal bungalow in Alibaug
MUMBAI: The Maharashtra government told the Bombay High Court that it had ordered demolition of fugitive jeweller Nirav Modi’s illegal bungalow built along the beach at Alibaug in adjoining Raigad district. Government counsel advocate P B Kakade also told a bench of Chief Justice Naresh Patil and Justice M S Karnik that it had served […]
Nirav Modi cannot return to India
NEW DELHI: Fugitive diamantaire Nirav Modi, a key accused in the USD 2 billion PNB fraud case, cannot return to India as he is afraid of “getting lynched” and is being compared to demon ‘Ravan’ , his lawyer told a special court Saturday, but the ED dismissed the claim saying if he felt there were […]
PNB scam: Enforcement Directorate attaches 11 properties worth Rs 56 crore of Nirav Modi in Dubai
NEW DELHI: The Enforcement Directorate (ED) said it had attached 11 properties worth over Rs 56 crore of fugitive diamond jeweller Nirav Modi in Dubai in connection with its money-laundering probe in the $2-billion Punjab National Bank (PNB) fraud case. The central probe agency said the assets were in the name of “Modi and his […]
PNB scam: ED attaches Nirav Modi’s immovable properties worth Rs 216 crore
NEW DELHI: The Enforcement Directorate (ED) said on Monday it has attached foreign properties of fugitive diamond jeweller Nirav Modi worth Rs 637 crore, including two apartments in New Yorks Central Park, even as the agency continued its investigation into the Punjab National Bank (PNB) fraud case. A senior ED official said the agency had […]
Bombay High Court ‘shocked’ over illegal constructions by Nirav Modi, others in Alibaug
MUMBAI: The Bombay High Court said on Monday it was “shocking” how fugitive jeweller Nirav Modi and several other individuals had been permitted to carry out illegal constructions along the beach in Alibaug town of Raigad district in Maharashtra. Holding that ignoring such violations was a case of “complete non-application of mind” by the authorities, […]
Activist claims he saw Rahul Gandhi meet Nirav Modi at a plush Delhi hotel in 2013
NEW DELHI: Activist Shehzad Poonawalla claimed on Thursday Congress chief Rahul Gandhi met Punjab National Bank (PNB) fraud accused Nirav Modi at a plush hotel here in 2013. Poonawalla’s charge was however denied by the Congress. His allegation came hours after Gandhi asserted his party MP P L Punia saw Finance Minister Arun Jaitley sitting […]
CBI moves extradition request against Nirav Modi’s brother Nishal
NEW DELHI:The CBI has moved an extradition request to bring back Nishal Modi, the brother of fugitive billionaire Nirav Modi who is accused in USD 2-billion banking fraud case in Punjab National Bank, officials said Monday. The request was sent to the Home Ministry on Friday. The Home Minister will send it to Belgium, where […]